Over the next couple of weeks, I would think that this pair will be highly driven by Brexit.
It potentially could turn in any direction but in the rewards for the shorting the pair down to 1.18 is strong. If things turn confluence at the lower time frames should be monitored allowing with price action. However, this would need to close above the daily channel.
Pretty self explanatory chart.
It potentially could turn in any direction but in the rewards for the shorting the pair down to 1.18 is strong. If things turn confluence at the lower time frames should be monitored allowing with price action. However, this would need to close above the daily channel.
Pretty self explanatory chart.